Card Not Present Transactions definition

Card Not Present Transactions means an order for services where the Card or the Cardholder is not physically present at Access Paysuite’s premises at the time of the Transaction, and includes Electronic Commerce Transactions;
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Card Not Present Transactions means transactions effected in a merchant environment where the Cardholder and the Card are not physically present at the time of usage. Typical Card Not Present Transactions include but are not limited to internet based transactions, mail, telephone or facsimile orders or reservations or recurring payments.
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Card Not Present Transactions are Transactions completed where both the Cardholder and Card are not present at the point of sale and include mail orders, telephone and fax orders and Ecommerce Transactions.
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Examples of Card Not Present Transactions in a sentence

  • Regardless of whether Merchant has been approved by Provider for Card Not Present Transactions, Merchant assumes all responsibility for identification of the Cardholder and the validity of the Card information for Card Not Present Transactions.

  • If Merchant accepts Card Not Present Transactions without such approval, Servicers may, in addition to any other rights they may have under this Agreement, establish a Chargeback reserve account to protect them from risk of loss.

  • The following provisions apply to both Card Present Transactions and Card Not Present Transactions, unless otherwise specified.

  • If Merchant has not requested any Gateway Services from PSiGate but is authorized to accept and process Card Not Present Transactions through a third party payment gateway, Merchant must inform Servicers of such third party payment gateway, any processing software, shopping cart, Web Site host, or other service provider (collectively “Third Party Gateway Service Providers”).

  • The Cardholder is fully liable for all Card Not Present Transactions effected by the use of the OTP.

  • Merchant shall retain a copy of all Sales Drafts and Credit Vouchers for customer present transactions and electronically approved authorizations for all Card Not Present Transactions for at least three (3) years after the date of the Card transaction.

  • DBS may set different Card Limits for signature-based Card Transactions, PIN-based Card Transactions and Card Not Present Transactions.

  • This limit is shared between signature‑based, contactless payments (e.g. Mastercard® Contactless and payments made using digital wallets) and Card Not Present Transactions.

  • The Card Limit will apply to all Point of Sale Transactions and/or Card Not Present Transactions.

  • Lambert, Emmelhainz, and Gardner (1999) also developed a model of the partnering process in logistics partnerships, noting that the relationship or partnership becomes strong and succeeds when there are strong drivers for mutual benefits, joint planning, two-way communication, risk and rewards sharing, trust and commitment, and a contract which is produced in a style that facilitates the liaison between the two parties.Notwithstanding the above research by Capgemini et al.


More Definitions of Card Not Present Transactions

Card Not Present Transactions means transactions that are carried out when either one or two of the parties in a card transaction are absent. “Charges” means amounts charged and/or levied on a Card Account including but not limited to the joining fees, Annual Subscriptions Fees and other Card fees, cost bills, liquidated damages, together with interest accrued and accruing.
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Card Not Present Transactions means transactions that are carried out when either one or two of the parties in a card transaction are absent.
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Card Not Present Transactions means the ability to process a Member’s Card payments via the internet or via other non-face-to-face Transactions.
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Card Not Present Transactions means an order for services where the Card or the Cardholder is not physically present at Capita’s premises at the time of the Transaction, and includes Electronic Commerce Transactions;
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Related to Card Not Present Transactions

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services (which can include payment for CashBack), by a Cardholder, to a Retailer displaying the Visa logo and/or who is in the Visa Scheme.

  • Transaction means the transactions contemplated by this Agreement.

  • Rate Management Transaction means any transaction (including an agreement with respect thereto) now existing or hereafter entered into between the Borrower and any Lender or Affiliate thereof which is a rate swap, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, forward transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices or other financial measures.

  • Co-Investment Transaction means any transaction in which one or more Regulated Funds (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Hedging Transaction of any Person shall mean (a) any transaction (including an agreement with respect to any such transaction) now existing or hereafter entered into by such Person that is a rate swap transaction, swap option, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap or option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option, spot transaction, credit protection transaction, credit swap, credit default swap, credit default option, total return swap, credit spread transaction, repurchase transaction, reverse repurchase transaction, buy/sell-back transaction, securities lending transaction, or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether or not any such transaction is governed by or subject to any master agreement and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Merchant Agreement means a writ- ten contract between a merchant and an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a char- itable contribution.